ARAY - More Progress Evident At Accuray But Sustainability And Follow-Through Remain Key
- Accuray's better than expected fiscal first quarter results underline ongoing progress in the story.
- Focused R&D efforts have significantly upgraded the capabilities and appeal of Accuray's systems, particularly on the software side.
- Accuray's JV to produce Type B systems in China is still on track to see shipments and installations in mid-2022.
- Between improved system/software performance, domestic Chinese production, and changing reimbursement in the U.S, Accuray appears to be on the cusp of a sustained improvement in results.
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More Progress Evident At Accuray, But Sustainability And Follow-Through Remain Key